China Travel International Investment Hong Kong
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China Travel International Investment Hong Kong
China Travel International Investment Hong Kong Limited is an investment holding company engaged in travel, theme park, hotel, resort, passenger transportation, golf club, power generation, freight forwarding, and other investments. It was established and listed in Hong Kong in 1992 as a subsidiary of China Travel Service. Hong Kong has been an established as the central business and financial center for China and Asia. Although technically in China, it is governed independently, and therefore it must accrue its own funds to promote travel. Hong Kong is also considered a major hub to many airlines in Asia. Many people stop in Hong Kong from Europe on their way to Australia on business class flights. There are many business class flights to and from Hong Kong – in fact, several airlines have flights with only business class seats. Hong Kong International Airport is a major connection point to the rest of the world and every other continent. China Travel co-owns a joint venture ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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Power Generation
Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its storage (using, for example, the pumped-storage method). Electricity is not freely available in nature, so it must be "produced" (that is, transforming other forms of energy to electricity). Production is carried out in power stations (also called "power plants"). Electricity is most often generated at a power plant by electromechanical generators, primarily driven by heat engines fueled by combustion or nuclear fission but also by other means such as the kinetic energy of flowing water and wind. Other energy sources include solar photovoltaics and geothermal power. There are also exotic and speculative methods to recover energy, such as proposed fusion reactor designs which aim to directly extract energy from intense magnetic fields genera ...
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Government-owned Companies Of China
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned ...
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Companies Listed On The Hong Kong Stock Exchange
This is a list of companies on the Hong Kong Stock Exchange (HKEx), ordered numerically by stock code. The names of the companies appear exactly as they do on the stock exchange listing. This is not an exhaustive list, but reflects the list that appears on HKEx's ''Hyperlink Directory''. An exhaustive but un-linked list appears below the partial list. 0001 - 0099 0100 - 0198 0200 - 0299 0300 - 0395 0402 - 0498 0500 - 0599 0601 - 0699 0700 - 0778 0800 - 0897 0900 - 0999 1001 - 1099 1100 - 1199 1200–1999 2000–2299 2300 - 2398 2600–2799 ETF funds 2866–2899 3000–3999 4000–4999 NASDAQ Shares 6000 - 6200 Hong Kong Depositary Receipts 6800 - 6899 8000 – 8999 9000 – 9999 References {{reflist Stock Exchange Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative ...
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Pearl River Delta
The Pearl River Delta Metropolitan Region (PRD; ; pt, Delta do Rio das Pérolas (DRP)) is the low-lying area surrounding the Pearl River estuary, where the Pearl River flows into the South China Sea. Referred to as the Guangdong-Hong Kong-Macao Greater Bay Area in official documents, the region is one of the most densely populated and urbanized regions in the world, and is considered a megacity by numerous scholars. It is currently the wealthiest region in Southern China and one of the wealthiest regions in China along with the Yangtze River Delta in Eastern China and Jingjinji in Northern China. Most of the region is part of the Pearl River Delta Economic Zone, which is a special economic zone of China. The region is a megalopolis, and is at the southern end of a larger megalopolis running along the southern coast of China, which include metropolises such as Chaoshan, Zhangzhou-Xiamen, Quanzhou- Putian and Fuzhou. The nine largest cities of the PRD had a combined populatio ...
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Guangzhou
Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong Kong and north of Macau, Guangzhou has a history of over 2,200 years and was a major terminus of the maritime Silk Road; it continues to serve as a major port and transportation hub as well as being one of China's three largest cities. For a long time, the only Chinese port accessible to most foreign traders, Guangzhou was captured by the British during the First Opium War. No longer enjoying a monopoly after the war, it lost trade to other ports such as Hong Kong and Shanghai, but continued to serve as a major transshipment port. Due to a high urban population and large volumes of port traffic, Guangzhou is classified as a Large-Port Megacity, the largest type of port-city in the world. Due to worldwide travel restrictions at the beginni ...
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Shenzhen
Shenzhen (; ; ; ), also historically known as Sham Chun, is a major sub-provincial city and one of the special economic zones of China. The city is located on the east bank of the Pearl River estuary on the central coast of southern province of Guangdong, bordering Hong Kong to the south, Dongguan to the north, and Huizhou to the northeast. With a population of 17.56 million as of 2020, Shenzhen is the third most populous city by urban population in China after Shanghai and Beijing. Shenzhen is a global center in technology, research, manufacturing, business and economics, finance, tourism and transportation, and the Port of Shenzhen is the world's fourth busiest container port. Shenzhen is classified as a Large-Port Megacity, the largest type of port-city in the world. Shenzhen roughly follows the administrative boundaries of Bao'an County, which was established since imperial times. The southern portion of Bao'an County was seized by the British after the Opium Wars an ...
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Macaulay Culkin
Macaulay Macaulay Culkin Culkin (born Macaulay Carson Culkin; ) is an American actor. Often regarded as one of the most successful child actors of the 1990s, he was placed 2nd on VH1's list of the "100 Greatest Kid-Stars". Culkin rose to prominence as a child actor starring as Kevin McCallister in the first two films of the ''Home Alone'' film series (1990 and 1992), for which he was nominated for the Golden Globe Award for Best Actor – Motion Picture Musical or Comedy. He also starred in the films '' My Girl'' (1991), '' The Good Son'' (1993), ''The Nutcracker'' (1993), ''Getting Even with Dad'' (1994), ''The Pagemaster'' (1994), and '' Richie Rich'' (1994). Culkin took a break from acting in 1994. He returned in 2003 with a guest appearance on the television show ''Will & Grace'' and a role in the film '' Party Monster''. He wrote an autobiography, ''Junior'', which was published in 2006. In 2021, he starred in '' American Horror Story: Double Feature'', the tenth season ...
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High-speed Ferry
A high-speed craft (HSC) is a high-speed water vessel for civilian use, also called a fastcraft or fast ferry. The first high-speed craft were often hydrofoils or hovercraft, but in the 1990s catamaran and monohull designs become more popular and large hydrofoils and hovercraft are no longer built. Most high-speed craft serve as passenger ferries, but the largest catamarans and monohulls also carry cars, buses, large trucks and freight. In the 1990s there were a variety of builders, but due to HSC high fuel consumption, many shipbuilders have withdrawn from this market so the construction of the largest fast ferries, up to 127 metres, has been consolidated to two Australian companies, Austal of Perth and Incat of Hobart. There is still a wide variety of builders for smaller fast catamaran ferries between 24 and 60 metres. Hulled designs are often powered by pump-jets coupled to medium-speed diesel engines. Hovercraft are usually powered by gas turbines or diesel engines dri ...
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Hydrofoil
A hydrofoil is a lifting surface, or foil, that operates in water. They are similar in appearance and purpose to aerofoils used by aeroplanes. Boats that use hydrofoil technology are also simply termed hydrofoils. As a hydrofoil craft gains speed, the hydrofoils lift the boat's hull out of the water, decreasing drag and allowing greater speeds. Description The hydrofoil usually consists of a winglike structure mounted on struts below the hull, or across the keels of a catamaran in a variety of boats (see illustration). As a hydrofoil-equipped watercraft increases in speed, the hydrofoil elements below the hull(s) develop enough lift to raise the hull out of the water, which greatly reduces hull drag. This provides a corresponding increase in speed and fuel efficiency. Wider adoption of hydrofoils is prevented by the increased complexity of building and maintaining them. Hydrofoils are generally prohibitively more expensive than conventional watercraft above a certain disp ...
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Shun Tak Holdings
Shun Tak Holdings Limited () is a Hong Kong-Macau company founded in 1972. It has been one of the constituents of the Hang Seng Hong Kong MidCap Index since 11 September 2006. The company is active in shipping, property, hospitality and investments businesses. Its shipping division, operating under the name of TurboJET, operates ferry services between Hong Kong and Macau. The company's founder and executive chairman is Stanley Ho. His daughter Pansy Ho serves as managing director with two of his other daughters, Daisy Ho Chiu-fung and Maisy Ho Chiu-ha, as executive directors as well as David Shum. History Until late 2010, Stanley Ho controlled the company. An 11.55 per cent stake in Shun Tak was transferred by Ho to Hanika Realty, a company controlled by second wife Lucina Laam and his five children with her. The transfer made Hanika Shun Tak's biggest single shareholder. In April 2015, Shun Tak Holdings Ltd purchased hotel property in Shanghai for RMB700 million (MOP900 mil ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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